Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VYNCKE from Harelbeke, company number BE0447690830, closed financial year 2025 with a result of € 4.1 million after tax. For that financial year VYNCKE recorded revenue of € 152.6 million and equity of € 15.3 million. Compared with financial year 2024, the result moved from € 3.9 million to € 4.1 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 15.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.1 million
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 45.3 million
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4 million paid out
98 % of the profit went to the shareholders, mostly to VYNCKE - A Family of Companies NV (100 % of the shares). That is where the money ends up.
People and assets in 2025
170.2
▲ 16.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 18.8 million
▲ 14% vs 2024
€ 110,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,465
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 28.1 million
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 81 days on average.
€ 4.8 million
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 111,770,861 | € 193,665,788 | € 171,056,476 | € 152,558,673 | ▼ 11% |
| Profit after taxes | € 1,359,496 | € 8,761,102 | € 3,866,016 | € 4,064,256 | ▲ 5% |
| Equity | € 15,336,744 | € 15,347,846 | € 15,213,862 | € 15,278,118 | |
| Total debts | € 129,431,924 | € 127,917,217 | € 158,936,504 | € 186,316,562 | ▲ 17% |
| Cash | € 27,091,479 | € 22,884,362 | € 31,983,386 | € 45,276,492 | ▲ 42% |
| Land & buildings | € 697,855 | € 921,292 | € 1,654,529 | € 1,766,884 | ▲ 7% |
| Retained profit | € 14,840,957 | € 14,852,059 | € 14,718,075 | € 14,782,331 | |
| Dividend | € 1,350,000 | € 8,750,000 | € 4,000,000 | € 4,000,000 | |
| Balance sheet total | € 148,057,562 | € 148,704,887 | € 177,924,538 | € 205,632,952 | ▲ 16% |
| Employees (FTE) | 129.2 | 138.9 | 153.9 | 170.2 | ▲ 16.3 |
Key figures of VYNCKE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VYNCKE?
What happened at VYNCKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VYNCKE - A Family of Companies NV stepped down as director. NBB
- Vyncke 3F BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.1 million (▲ 5% vs 2024). Source: NBB ↗
- Acacia I BV stepped down as director. NBB
- Lieven Danneels stepped down as director. NBB
- Jinvest BV stepped down as director. NBB
- VYNCKE - A Family of Companies NV became a director. NBB
- Acacia I BV became a director. NBB
In short
From € 1.4 million profit in 2022 to € 4.1 million profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2023, with € 8.8 million profit.
Paid out € 18.1 million in dividends to the owners in total.
Management
The shares are held by VYNCKE - A Family of Companies NV (100%).
Directors
According to the 2025 annual accounts
VYNCKE - A Family of Companies NV
Managing director · represented by Peter Vyncke
Also active at: Vandenbussche, VINKENEST, VYMALA, KEGFLOW CORPORATION, callensvyncke
since 2025 · until 2031
Director · represented by Els Verbraecken
Also active at: AERTSSEN GROUP, Jensen Group, ONTEX GROUP
since 2025 · until 2026
Lieven Danneels
Director
since 2025 · until 2026
Director · represented by Jurgen Ingels
Also active at: Certimed, MENSURA Service Externe de Prévention et de Protection au travail, GHELAMCO INVEST, WILLEMEN GROEP, ITINERIS, Varel Security Group, BRIKZ, Firefly Ventures +5 more
since 2025 · until 2026
Managing director · represented by Dieter Vyncke
Also active at: VYNCKE - A Family of Companies
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gentsesteenweg 224
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.690.830
- VAT number
- BE 0447.690.830
- Registered office
- Gentsesteenweg 224, 8530 Harelbeke
- Names & denominations
- VYNCKE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 1992
- Peppol
- Active · Active since 19 Mar 2026
- Activities · NACE
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